Dubai Land Department Off-Plan Register

Bay Central 2 Launch Prices

Off-plan in Dubai Marina · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

362 developer launch sales registered at Bay Central 2 between Mar 2009 and Jun 2013: 100% apartments, most commonly 1-bed units, typically around 677 sqft.

Launch sales
362
DLD off-plan registrations, all time
Median launch /sqft
AED 1,425
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 420,0008,507,492
Min – max registered

Bed mix: Studio 26% · 1-bed 52% · 2-bed 14% · 3-bed 7% · 4+-bed 1%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Bay Central 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q115AED 1,275
2009 Q2179AED 1,712
2009 Q32AED 1,749
2009 Q471AED 1,842
2010 Q15AED 1,783
2010 Q24AED 1,589
2010 Q32AED 1,300
2010 Q49AED 1,144
2011 Q13AED 1,424
2011 Q24AED 1,730
2011 Q41AED 2,129
2012 Q14AED 1,307
2012 Q27AED 1,082
2012 Q349AED 1,115
2012 Q44AED 1,069
2013 Q12AED 1,276
2013 Q21AED 1,820
Two different markets

Launch vs Resale

Bay Central 2 also has 663 ready-market resales registered with the DLD, the first on 16 October 2012 - 43 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
663
57 in the last 2 years
Resale median /sqft
AED 2,246
last 2 years
Resale vs launch
+58%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Bay Central 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
677 sqft · 4 June 2013
AED 1,232,333
AED 1,820 /sqft
Apartment · 1 Bed
677 sqft · 18 January 2013
AED 938,000
AED 1,385 /sqft
Apartment · 1 Bed
771 sqft · 8 January 2013
AED 900,000
AED 1,167 /sqft
Apartment · 1 Bed
771 sqft · 5 November 2012
AED 848,485
AED 1,100 /sqft
Apartment · 1 Bed
771 sqft · 18 October 2012
AED 800,000
AED 1,037 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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